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Sovereign Wealth Funds Briefing - Categorized | Performance

Norway set to dip into $332bln oil fund

Posted on 15 December 2008

From FT: Norway is poised to dip more deeply into its $332bn (€248bn, £222bn) sovereign wealth fund to finance a new fiscal spending package.

The oil-rich Norwegians will use the fund, the world’s second largest after Abu Dhabi, to offset a rapid slowdown in economic growth next year….. Full Article: Source


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